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Gold And Silver Market

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Pillar of the Community
coins92's Avatar
United States
851 Posts
 Posted 01/31/2010  11:32 am  Show Profile   Bookmark this reply Add coins92 to your friends list Get a Link to this Reply
Thanks for your input!
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 01/31/2010  4:21 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply

Quote:
Anyone think it is the end of the high prices for awhile. Should I sell my gold inventory now and by low?


That depends a lot on how much you paid for it. If you bought at $500-$600/oz and want to take the profit, now is a good time to profit.

If you bought at $1,000 then I'd hold.

There's a lot of economic turmoil ahead. We're bouncing along the bottom right now. Gold still has a long way to run.
ANA #R3154474
Pillar of the Community
DNA's Avatar
United States
2734 Posts
 Posted 01/31/2010  6:36 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply

Quote:
Jim1953: Inflation will lag the bounce in the economy.


We should certainly hope that we have a couple of years of a recovered
economy, before we get whacked with inflation!

If the inflation starts the moment things recover a bit, that would
dampen the recovery (and keep precious metals relatively high).
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